Jim Zarrolihttp://wnku.org
en'Cartel' Of 4 Big Banks To Plead Guilty To Gaming The Exchange Ratehttp://wnku.org/post/cartel-4-big-banks-plead-guilty-gaming-exchange-rate
Four major banks — Citicorp, JPMorgan Chase, Barclays and the Royal Bank of Scotland — have agreed to plead guilty to currency manipulation and pay over $5 billion in fines. Officials say that traders from the banks, who allegedly called themselves "the cartel," used secret codes to manipulate the exchange rate between U.S. dollars and Euros. Meanwhile, the Justice Department has taken the unusual step of tossing out what's called a deferred prosecution agreement against a fifth bank. <div class="fullattribution">Copyright 2015 NPR.Wed, 20 May 2015 15:15:00 +0000Jim Zarroli48016 at http://wnku.orgVerizon Acquires AOL For $4.4 Billionhttp://wnku.org/post/verizon-acquires-aol-44-billion
<div class="fullattribution">Copyright 2015 NPR. To see more, visit http://www.npr.org/.<img src="http://www.google-analytics.com/__utm.gif?utmac=UA-5828686-4&utmdt=Verizon+Acquires+AOL+For+%244.4+Billion&utme=8(APIKey)9(MDA5MTYwMDQ1MDEzMzE1ODcyMjRmY2FlMA004)"/></div><p>Tue, 12 May 2015 13:33:00 +0000Jim Zarroli47762 at http://wnku.orgThe Annual Shareholders' Meeting Will Now Come To Order Onlinehttp://wnku.org/post/annual-shareholders-meeting-will-now-come-order-online
The annual meeting is a staple of corporate life. It's a chance for even a small shareholder to take the measure of a company's managers, to ask a question or express a beef about a company actions.<p>But here's the dirty secret about shareholder meetings: Unless the company is huge or there's some controversy going on, hardly anyone shows up.<p>"Over the years, the shareholder meeting attendance started to dwindle," says Heidi Lewis, general counsel at the utility company Dynegy.Fri, 01 May 2015 21:09:00 +0000Jim Zarroli47462 at http://wnku.orgThe Annual Shareholders' Meeting Will Now Come To Order OnlineWho, Or What, Crashed The Market In A Flash In 2010?http://wnku.org/post/who-or-what-crashed-market-flash-2010
It has been five years since the so-called flash crash on Wall Street raised big questions about computerized trading. What caused the flash crash has been a topic of debate ever since. U.S. officials revived the debate this week by arresting a little-known trader in London.<p>May 6, 2010 started out as an ordinary trading day on Wall Street.Sat, 25 Apr 2015 13:33:00 +0000Jim Zarroli47263 at http://wnku.orgWho, Or What, Crashed The Market In A Flash In 2010?Comcast, Time Warner Push For Merger Approval Amid Oppositionhttp://wnku.org/post/comcast-time-warner-push-merger-approval-amid-opposition
Officials of Comcast and Time Warner Cable met Wednesday with federal regulators to discuss the companies' proposed $45 billion merger. The deal would create a single company that would control large parts of the cable TV and broadband Internet markets.<p>A published report said recently that Justice Department staff members have decided to oppose the deal on antitrust grounds. But company officials are using a lot of firepower to get the deal approved.<p>For months, federal regulators have been poring through data in an effort to assess the impact of the proposed merger.Wed, 22 Apr 2015 20:51:00 +0000Jim Zarroli47165 at http://wnku.orgComcast, Time Warner Push For Merger Approval Amid Opposition